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New York

Fashion mogul Pier Luigi Loro Piana picks up $11.3M pad

Home boasts 100-square-foot dressing room, Central Park views

From left: Pier Luigi Loro Piana and 980 Fifth Avenue
From left: Pier Luigi Loro Piana and 980 Fifth Avenue

Italian billionaire Pier Luigi Loro Piana, who netted $2.6 billion when he sold an 80 percent stake in his eponymous fashion line to LVMH last year, bought an $11.3 million co-op in Carnegie Hill.

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Located in the 25-story tower at 980 Fifth Avenue, the three-bedroom home boasts a 100-square-foot dressing room, Central Park views and a library.

Lois Nasser and Harry Nasser of Sotheby’s International Realty had the listing. [6sqft] — Julie Strickland